Dassault Extends Agreement with Hyundai Motor by Five Years

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VELIZY-VILLACOUBLAY, France, Jul 26, 2022 — Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced a supply and maintenance agreement with Hyundai Motor for Dassault Systèmes’ CATIA applications.

Through this agreement, Hyundai Motor expects to help its diverse partners locally and globally by being able to foster their seamless collaborative technology relationships.

Dassault Systèmes is recognized as a long-standing growth partner of Hyundai Motor. It has contributed to the development of vehicles and related technologies by providing CATIA and technical support to Hyundai Motor for the past 30 years. 

CATIA, which is currently used by the technical center of Hyundai Motor group located in several countries, is a solution used for designing the entire production process in a 3D model, from the initial idea planning stage to design, analysis, and assembly. CATIA has contributed to shortening Hyundai Motor’s product development process and reducing its costs. 

Dassault Systèmes’ CATIA and 3DEXPERIENCE platform are the best and most innovative solutions for successful products, enabling businesses to meet the needs of all manufacturers, from original equipment manufacturers to their supply chains.

“The extension of our agreement with Hyundai Motor takes place at a time when the mobility industry in Korea is accelerating toward the electrification of vehicles. This has significant implications for helping the related industry prepare for new changes in a more stable way,” said Samson Khaou, Executive Vice President, Asia-Pacific, Dassault Systèmes. “Through this partnership, Dassault Systèmes will continue to provide the best support to Hyundai Motor with technology and know-how to help it take a leading position in the global automobile market as well as in new business.”

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE Company, is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating ‘virtual twin experiences’ of the real world with our 3DEXPERIENCE platform and applications, our customers push the boundaries of innovation, learning and production. 

Dassault Systèmes’ 20,000 employees are bringing value to more than 300,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit https://www.3ds.com.

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